Volume of investments in Kyrgyzstan has grown since the beginning of the year, the National Statistical Committee reported. The volume of investment in fixed assets in January-July amounted to more than 47 billion soms, up by 4.1% YoY. Investments funded from internal sources increased by 11.7%. External sources, on the contrary, decreased by 20.4%. Most…Details
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Joint-stock commercial bank “Uzpromstroybank” is one of the largest financial institutions of the Republic. The bank serves more than one million legal entities and individuals, providing them with various types of banking services. The bank also pays significant attention to the financial support of small business and private entrepreneurship entities. Over the first half of…Details
On August 11, Ambassador Extraordinary and Plenipotentiary of France to the Republic of Uzbekistan Jacques-Henri Heuls paid a visit to the Ministry of Foreign Economic Relations, Investment and Trade of Uzbekistan. During the meeting the parties discussed current issues and prospects of bilateral trade-economic and investment cooperation between two countries. Furthermore the outcomes of the…Details
Tajikistan: Transport Ministry to get local companies to participate in implementation of investment projects
The Minister of Transport Sherali Ganjalzoda held a working meeting to discuss the progress of implementation of the national investment transportation development projects. According to the Ministry of Transport press center, the minister expressed dissatisfaction with the slow pace of implementation of the projects. The minister reportedly ordered contractors and consultants to remove exiting shortcomings…Details
Azerbaijan’s GDP amounted to almost 32.12 billion manats in January-July 2016, down by 3% YoY, according to a report of the State Statistics Committee. The report says that the main reason of the Azerbaijani economy’s reduction is the 30.7% decline in volumes of production and services in the construction sector. Over the seven months of…Details
Tajik private airline, Somon Air, announces the launch of new air routes to the Russian Federation. Somon Air has launched air routes from Dushanbe to Novosibirsk and Sochi. Somon Air will fly to Novosibirsk once a week, on Wednesday. Flights to Sochi will also be operated once a week, on Thursdays. The first flight to…Details
Measures undertaken in the country to strengthen the financial stability of commercial banks have a positive effect on their assessment by international rating agencies in terms of creditworthiness. In particular, the implementation of effective banking supervision on the basis of international standards, constant monitoring of quality of assets and liquidity of banks have allowed domestic…Details